1. Before the UCC and UCITA, what was one of the first, and most significant, of the U.S. government's attempts to promote uniformity in commercial laws from state to state? (hint: think of commerce and constitution.)
2. Based on the info presented above, what do you see as the major differences between article 2 of the uniform commercial code and UCITA?
3. What is the legal distinction between selling a product and licensing it:
4. Many of the provisions in the UCITA were first proposed as a modification to article 2 of the UCC. why do you think the drafters decided to propose it as a separate and distinct uniform act?© BrainMass Inc. brainmass.com April 3, 2020, 3:47 pm ad1c9bdddf
In reference to commercial transactions and international law, this solution addresses the questions that address various dimensions of UCC and UTICA. Supplemented with informative resources on the the acts.